#layoffs

Posts mentioning hashtag #layoffs

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The denial by those at the top is stunning!

Since early 2021 we’ve been hit with massive inflation extremely high energy costs and what appears to be greed all around and grift and fraud.
Suffice it to say our money gets less bang for the buck.
Buying breakfast and lunch commuting in needing more and new shoes and clothes is destroying me.
I need a $5-10k raise to survive here in Massachusetts
And this new ft rto is ki-ling me I need one day a week where I do not need to commute in. I need that humanity humane time to get through this.
This is absurd just because Jamie dimon thought he was tough guy back then forcing his workers back in.
I really thought Fidelity was a step above.
Well I could not have been more incorrect.


How BNY Keeps Headcount Stable While Gutting the U.S. Workforce

Wanted to voice a concern that’s outraging to many US posters and visitors on this site.

BNY’s headcount story under Robin Vince has been one long magic trick: shrink the U.S. workforce while making the numbers look stable. The trick works because BNY doesn’t just hire visa workers — it offshores U.S. jobs to India and Poland at a scale employees feel every day but leadership never says out loud.

Since Vince took over, BNY has quietly shifted thousands of U.S. roles offshore. Technology, operations, onboarding, reconciliations, custody support, QA, and analytics have all been moved to lower‑cost centers in Pune, Chennai, and Wroclaw. Entire teams disappear in the U.S., only to reappear offshore with the same job descriptions and half the labor cost. On paper, headcount looks “stable.” In reality, U.S. experience is being shredded and replaced with cheaper labor in global hubs.

Visa hiring fills the gaps left behind. BNY files hundreds of H‑1Bs a year, plus green‑card certifications and a steady stream of OPT/CPT hires. These roles — software developers, quants, testers, BI analysts — map almost perfectly to the U.S. jobs employees say are being eliminated. It’s not “onshoring.” It’s headcount laundering.

Then there’s the college‑hire pipeline. BNY scoops up local university grads to collect state and municipal tax incentives, padding the U.S. headcount just enough to claim “investment in local talent.” But these hires don’t replace the decades of experience being offshored — they simply mask the reductions.

So when leadership talks about modernization, transformation, or “building talent for the future,” employees know what it really means: fewer U.S. jobs, more offshore bodies, and a headcount chart engineered to look healthier than the workforce actually feels.

BNY isn’t transforming. It’s relocating the work, repackaging the numbers, and hoping nobody notices the U.S. workforce shrinking under all the glossy LinkedIn speeches.


Food Companies Announce Job Cuts

Several major food and beverage companies are implementing significant layoffs, signaling a downturn in industry sales. This trend is attributed to a combination of factors, including public health advocacy against ultra-processed foods and the growing impact of GLP-1 agonist dr-gs that reduce appetite. Additionally, rising food prices due to inflation are contributing to decreased consumer spending. These developments, while potentially beneficial for public health, present a challenge for the food industry's business model. Consequently, companies are responding with workforce reductions to manage declining revenues.

New York, NY

https://www.foodpolitics.com/2026/09/layoffs-a-sign-of-flagging-food-industry-sales/


Wonder Restaurant Company Cuts Over 500 Jobs

The food delivery and takeout company Wonder is laying off 533 employees. These job cuts are scheduled to be completed by January 8th. This announcement comes as the company recently finalized a significant partnership with DoorDash. Wonder aims to expand its presence on college campuses through this collaboration. The company describes itself as a food technology platform utilizing robotics to enhance food accessibility.

New Jersey

https://patch.com/new-jersey/across-nj/restaurant-company-cutting-500-jobs-layoffs-surge-nj


Truist Exits Auto Loans, Triggers Layoffs

Truist Financial Corporation is selling its near-prime auto loan portfolio for $5.5 billion. This strategic shift involves exiting the auto loan business. As a result, its subsidiary Regional Acceptance Corporation is closing an Arlington office. Over 200 full-time employees will be laid off from this location. The affected workers will begin losing their jobs in late November.

Arlington, Texas

https://www.dallasnews.com/business/jobs/article/truist-auto-loan-exit-triggers-205-arlington-22434850.php


City Budget Includes Job Cuts

Dallas City Council has approved a $5.7 billion budget for the upcoming fiscal year. This budget includes significant cuts to various city services and facilities. Nearly 300 positions will be eliminated, resulting in 108 employee layoffs. Public safety departments, however, will see continued funding and staffing growth. The budget also features a slight reduction in property tax rates for homeowners.

Dallas, Texas

https://www.fox4news.com/news/dallas-leaders-vote-5-7b-budget-includes-layoffs-cuts


JTA Faces Major Cuts Amid Financial Strain

The Jacksonville Transportation Authority is reportedly planning significant layoffs and project alterations. These changes are a direct response to ongoing financial difficulties. The authority is also considering a shift in its funding strategy. These measures aim to address the agency's fiscal challenges. The full extent of the impact remains to be seen.

Jacksonville, Florida

https://www.actionnewsjax.com/news/local/sources-jta-planning-sweeping-layoffs-major-project-changes-funding-shift-due-financial-issues/3784285b-11f3-4713-91b6-f0ae71a41ba0/


Aramark Cuts 69 Jobs After Boeing Contract Loss

Aramark will lay off 69 employees due to losing a food service contract with Boeing. The company learned it would not be retained for services at Boeing sites beyond November 16, 2026. This will result in the permanent termination of employment for these workers. The affected positions include management, administrative support, cooks, chefs, and supervisors. Aramark stated that many of these employees may find new employment with the incoming food service provider.

St. Louis, Missouri

https://fox2now.com/news/missouri/boeing-parts-ways-with-food-service-provider-aramark-69-layoffs-planned/


Gadsden County Faces Staff Reductions

Gadsden County is confronting a significant budget deficit, necessitating difficult decisions regarding personnel. The interim county administrator has proposed cutting thirteen full-time and four part-time positions to address the shortfall. These proposed layoffs come after earlier operational cuts failed to close the budget gap. County officials are divided on the process, with some commissioners expressing concerns about transparency and public discussion. The county faces further financial uncertainty with potential property tax reform on the horizon.

Quincy, FL

https://www.wctv.tv/2026/09/16/layoffs-loom-gadsden-co-administrator-commissioner-debate-solutions-solve-budget-crunch/


Toledo Chemical Plant to Shut Down

A Toledo chemical manufacturing plant will close its doors permanently. Over fifty employees will lose their jobs as a result. Layoffs are scheduled to start in early November. The closure process is expected to extend into the summer of 2027. This marks a significant job loss for the local workforce.

Toledo, OH

https://www.13abc.com/2026/09/16/layoffs-looming-toledo-chemical-facility-set-close-good/


County Approves 71 Job Cuts Due to Budget Shortfall

Stanislaus County has approved 71 layoffs as part of its 2027 budget. The majority of these cuts, 67 positions, will impact the Community Services Agency. This decision stems from a significant budget mistake involving state funding. Four additional layoffs will affect the Parks and Recreation Department. County leaders are seeking ways to reduce or avoid these job losses before they take effect in March.

Modesto, California

https://www.abc10.com/article/news/local/modesto/stanislaus-county-layoffs-budget-mistake/103-63a4f175-e60f-4a7c-a092-1fb4e579f51a


Dartmouth Health CEO Defends Staff Reductions

Dartmouth Health is eliminating over 400 positions, impacting executive, administrative, and telehealth roles. CEO Dr. Joanne Conroy stated these cuts are unavoidable due to significant healthcare industry challenges. She emphasized that the decision was made after nine months of deliberation and prioritized patient care. The majority of eliminated roles were administrative to streamline operations. Affected employees will receive support and may have opportunities to apply for other positions.

Lebanon, NH

https://www.wcax.com/2026/09/16/dartmouth-health-ceo-says-patient-care-was-focus-deciding-layoffs/


Health First Cuts Workforce

Health First is laying off 214 employees, primarily in management and administrative roles. This decision follows a review aimed at improving the delivery of community health services. Three patient-facing programs will be affected, with two being absorbed internally and one ending. Affected staff will receive a 60-day paid notice period, benefits, and job search assistance. The company cited rising care costs and insufficient operating results as reasons for the reductions.

Melbourne, Florida

https://www.floridatoday.com/story/news/2026/09/16/health-first-to-lay-off-over-200-employees/91796492007/


Oracle Slashes Washington Workforce

Oracle has announced plans to lay off 359 employees in Washington state. These job cuts are scheduled to begin on November 13. This follows a previous announcement of 475 layoffs in the Seattle area back in June. The technology sector in Seattle and Western Washington has experienced significant workforce reductions recently. Microsoft also announced substantial layoffs earlier this year.

Seattle, Washington

https://www.king5.com/article/money/business/oracle-layoff-359-washington-workers-834-total-2026/281-0f030ec0-0062-4fba-9482-aba6be479a66


UVM Health Announces Further Staff Reductions

UVM Health is implementing another round of job cuts to address a significant budget deficit. The healthcare network plans to eliminate or restructure 199 positions across its Vermont and New York facilities. These changes are projected to save approximately $16.8 million annually. This action follows previous workforce reductions and is part of a broader effort to achieve financial stability. Affected employees will receive support during a transition period, including severance benefits if new roles are not secured.

Plattsburgh, New York

https://www.northcountrypublicradio.org/news/story/53962/20260916/uvm-health-announces-another-round-of-layoffs


On this board

Large number of people are not criticizing layoffs. There is very little lament, or for that matter - very little anger...

What I see here is MANY Citi employees just asking whether we can stop anticipating layoffs, whether a meeting means something, and whether this or that area is next.

That's a sad place to be at. I feel defeated.


Experience isn't easy to replace

Getting rid of longtime employees might save money immediately, but there's a lot that doesn't show up on a balance sheet. Years of knowing how things actually work can't always be handed over to someone new. Once too many of such people are shown the door, Oracle may discover just how much they were carrying. Saving money today doesn't necessarily mean saving money later.


If you hope you'll find another job at Citi

I have bad news for you. Hundreds of job postings we have are typically either intended to transition a contractor/H1B to an FTE role... Also they use them to pick someone who has already been selected. So, in most cases (not all cases), the posting are just a formality. I know you know this, it's here for newbies.


10 years on this site.

Still at Oracle.

Layoffs galore.

This board always follow the same pattern: anxiety before the event, urgency during notifications, this is followed by anger, disappointment, uncertainty. Sometimes there is some relief afterwards.

Cannot change the beast. Oracle will Oracle, there will be layoffs again.

Count our blessings, enjoy your work if you can, if you cannot try to find something else. I've had it and I am looking around - this round sealed it for me.

Good luck all...


I can't figure out the criteria

I've made it through at least six layoffs now, and all of them left me scratching my head. All the rounds didn't seem to follow any obvious pattern. There were people with years of experience who disappeared, while others I expected to be vulnerable stayed. But then again, some of the newbies were also gone. Different pays, different statuses, different ratings... No common ground whatsoever.